Sheikh Zayed Bin Sultan Al Nahyan

BCCI Founded with Bank of America Partnership and Regulatory Evasion Structure

1972-09-01 00:00:00 +0000 UTC | Importance: 9/10

Agha Hasan Abedi founds the Bank of Credit and Commerce International (BCCI) in Luxembourg with 25% funding from Bank of America (.5 million) and 75% from Sheikh Zayed bin Sultan Al Nahyan of Abu Dhabi. The bank is deliberately structured across Luxembourg and Cayman Islands jurisdictions with weak …

Agha Hasan Abedi Bank of America Sheikh Zayed bin Sultan Al Nahyan Abu Dhabi Luxembourg regulators +1 more bcci-founding regulatory-evasion bank-of-america sheikh-zayed luxembourg +2 more

Bank of Credit and Commerce International (BCCI) Founded

1972-03-01 00:00:00 +0000 UTC | Importance: 8/10

Agha Hasan Abedi established the Bank of Credit and Commerce International (BCCI) in Luxembourg, creating an international bank with initial capital from Bank of America and Sheikh Zayed bin Sultan Al Nahyan. BCCI rapidly expanded to become the seventh-largest private bank in the world before being …

Agha Hasan Abedi Sheikh Zayed bin Sultan Al Nahyan Bank of America banking financial-crime international-banking money-laundering regulatory-capture